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Friday, November 22, 2024

Denton County home prices rose in the second half of 2022

Realestate2

The median sale price of a home sold in the second half of 2022 in Denton County rose by $17,449 while total sales decreased by 25.5%.

From July through December of 2022, there were 5,066 homes sold, with a median sale price of $317,449 - a 5.8% increase over the $300,000 median sale price for the same period of the previous year. There were 6,797 homes sold in Denton County in the second half of 2021.

The median sales tax in Denton County for the most recent year with available data, 2021, was $5,765 approximately 1.8% of the median home sale price for the second half of 2022.

The following histogram displays changes in median sales prices in Denton County from July 2021 to December 2022.

July - Dec. 2021Jan. - June 2022July - Dec. 2022$300000$300000$310571$310571$317449$317449

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